Key To Markets offers a wide range of financial products coupled with trading tools and good customer service to provide its client with a positive trading experience. A duly recognized broker, Key To Markets is banking on ECN technology to support fast executions to go along with tight spreads and transparent pricing.
Learn more in this broker review about Key To Markets' other advantages and benefits for companies, private traders, and institutional investors.
Key To Markets Background & Safety
KEY TO MARKETS INTERNATIONAL Limited was established in Mauritius back in 2010. This broker is part of the Key To Markets group (of companies) headquartered in the United Kingdom and is sanctioned by the Financial Conduct Authority (FCA).
Key To Markets UK Limited is in London, while Key To Markets NZ is another company that is part of the group. Key To Markets DMMC is a UAE-based company. Key To Markets is a global brand in brokerage service as it has established its presence in different parts of the world especially in Europe, U.S., U.K., Middle East, and Asia.
Key To Markets claims to be a market leader as it boasts of its set of advantages which include the ECN technology feature, a wide range of financial products to offer (with over 100 financial instruments offering) low entry threshold, PAMM solutions, FIX/API solution for algo-trading, fast withdrawals, and free VPS service.
Another asset of Key To Markets is its thriving partnership with different firms including Forex Nations CIC, which is committed legally to giving away 65% of their company profit to less-privileged entrepreneurs around the globe through a Microcredit system.
If we talk about the legal aspect of the company, Key To Markets is duly recognized by major financial authorities in its business jurisdictions including the Financial Conduct Authority. That being said, it is safe to transact with Key To Markets as it is fully compliant with the highest international standards in financial services.
Key To Markets Features and Fees
Market Offerings
Key To Markets offers the following trading instruments to traders:
- Forex (ECN platform features more than 65 currency pairs)
- Indices (CFDs)
- Commodities (rolling spot, 12 CFDs comprising precious metals, energy, and soft commodities)
- Shares (CFDs with over 60 shares listed on four major stock exchanges)
- Cryptocurrencies (5 main cryptocurrencies available directly on the MT4 platform)
Account Types
Key To Markets offers two types of trading accounts to traders: the Standard Account and the Pro Account. Both of these accounts are ECN technology-laden backed by the MetaTrader 4 platforms.
These two accounts share almost the same features and trading conditions except for fees. Here are the featured fees of each account type:
MetaTrader 4 Standard – in this account, there is no commission per lot charge. Instead, the trader pays the interbank market raw spread and 1 pip.
MetaTrader 4 Pro – the raw market spread is available in this account type as the execution commission is paid separately. The commission fee is set at $8 per traded lot round turn and is proportional to its trade volume. This account type is usually picked by traders who are into scalping, and willing to view the right raw spread on their screen.
Any of these two accounts can be availed by depositing a minimum of 100 euros (or its equivalent in other currencies). The leverage can go as high as 1:500, no restrictions in scalping and pending orders, news trading allowed, and no dealing desk.
Here's a full view of the trading conditions under each account type of Key To Markets:
Funding Methods
For transactions deposit, the broker offers the following payment solutions: Swift Transfer, Sepa Transfer, MasterCard, Visa, Maestro, Neteller, Skrill, SticPay, UnionPay, and AliPay. Deposit fees vary from one payment option to another while some of them are free of charge. Third-party payments are not allowed by the broker.
For withdrawals, the available options include Bank Wire, Skrill, Neteller, and SticPay. Bank Wire is free of charge while the rest charges a 1% transaction fee.
Key To Markets Trading Platforms and Tools
The broker offers the ECN MetaTrader 4 platform that comes in various versions compatible with all devices preferred by the traders. While the MT4 platform comes as a standard trading platform across the trading industry, they are offered with several unique features, functionalities, and tools by different brokers.
Key To Markets offers MetaTrader 4 versions including MetaTrader 4 for Windows, Mac, iPhone, and Android OS.
Key To Markets' MetaTrader 4 (Features): ECN feeds and transparent pricing, instant deposit and withdrawal with no hidden charges, no restrictions in trading strategies, and PAMM system.
Key To Markets also features other advanced trading tools including Application Programing Interface (API) to foster a direct connection with its institutional liquidity tools and improve fill rates, MYfxbook Autotrade to allow traders to create their own portfolio by following successful traders, and free Virtual Private Server (VPS) to run automated trading strategies.
Bottom Line
Looking at the aspects of trading features and offered conditions by the broker, Key To Markets is a considerable broker as it provides a good setup for ECN trading with a low entry fee. Novice traders, however, might not be able to maximize learning the basics of trading with Key To Markets as it lacks facility and trading education.